Latest news with #FERGUSON
CNBC
24-04-2025
- Business
- CNBC
CNBC Excerpts: FTC Chair Andrew Ferguson Speaks with CNBC's Sara Eisen on 'Squawk on the Street' Today
WHEN: Today, Thursday, April 24, 2025 WHERE: CNBC's "Squawk on the Street" Following are excerpts from the unofficial transcript of a CNBC interview with FTC Chair Andrew Ferguson on CNBC's "Squawk on the Street" (M-F, 9AM-11AM ET) today, Thursday, April 24. Following is a link to video on All references must be sourced to CNBC. FERGUSON ON ENFORCEMENT ANDREW FERGUSON: I am different, look, I want vigorous antitrust enforcement. Competition is what makes America great. It's how we innovate. It's how we grow. Monopoly is not good for innovation, how we protect against monopolies, antitrust. But I want I want clarity and I want certainty for businesses. I want businesses to know that when you send a deal to the FTC, we're going to look at it quickly in the timeline that Congress gave us. If we think it's illegal and we can win in court, we're going to go to court. And if we don't, we're getting out of the way as quickly as possible. FERGUSON ON DEREGULATION FERGUSON: We're going to have lots of deregulation. President issued an EO directing me and the FTC to lead the charge on getting rid of anti-competitive regulations. We've asked the public to tell us what the anti-competitive regulations are. We're going to be asking agency heads to give us all of their regulations that they think are anti-competitive. And then we're sending a list to the White House recommending deletion of anti-competitive regulations. So we're all about deregulation. FERGUSON ON UBER CASE FERGUSON: Congress has passed laws protecting all of us when we are engaging with companies that have online subscriptions. Both when we sign up and when we try to cancel. And if companies are breaking that law, it's called ROSCA, they're going to, we're going to take them to court. And that's what the Uber case is about. This isn't. You know, like a campaign or anything. If we think there are clear violations of this law that's designed to protect consumers when they are subscribers, which all of us are, we're ready to go to court. FERGUSON ON META CASE FERGUSON: When Facebook acquired Instagram and WhatsApp, it did so to suppress competition. And one of the markets that's most important to American consumers, all of us saw in 2020 how much power these platforms have, not just over our economic lives, over our social lives, our political discourse, you know, our elections. All of us saw how powerful these companies are. That's what this case is about. It's about protecting Americans from the incredible market power of these companies and making sure that companies are competing with each other on the merits so we get innovation and growth. FERGUSON ON META SETTLEMENT FERGUSON: It's a big case. There's always settlement negotiations. There were settlement negotiations. But I think it's very important in order to protect American consumers that we see this case through. And that's why we're in the second week of trial. FERGUSON: Settlement negotiations are always complicated, but my main goal was protecting American consumers. If that could be done with a settlement, that would be great. And if it couldn't, we go to trial and we're at trial and I think that answers the question. FERGUSON ON DOGE FERGUSON: People voted for major reform. The president's giving to them. There are always ways that government can be more efficient, and that includes the FTC and our relationship with DOGE has been great. They've helped us become more efficient. We are becoming more efficient. I am thrilled that DOGE has been involved.
Yahoo
06-02-2025
- Politics
- Yahoo
Honoring Black History: Ferguson mayor reflects on her historic term
FERGUSON, Mo. – Breaking barriers and making history. Ella Jones became the first Black person elected to the Ferguson City Council in April 2015. In June 2020, she became the city's first Black mayor. Mayor Jones says she's working to create change and bridge divides in Ferguson, a city forever changed by the fight for racial justice. Jones' leadership marked a new chapter in the community push for reform and progress. 'This month is special; when we stop and take a look at everyone who has contributed to building this country,' she said. Her election proved that change is possible when communities come together. 'I was at the Emerson Family YMCA yesterday, and they were building their wall of Black history, and when I walked through, I saw my picture,' Jones said. 'I was like, 'Wow, I'm not dead!' I'm still yet alive, and I still can make a difference in a community. I still can make a difference in this world.' 3 arrested for Belleville teen's murder as victim's family mourns Her election came at a critical time for the city, which gained national attention following the 2014 police killing of Michael Brown, an event that sparked nationwide protests and ignited the Black Lives Matter movement. 'Black history to me is getting out here…be of service, improve your community and make it the best place that you would want to stay, and invite others to live next to you,' Jones said. Jones stepped into the mayor's office with a commitment to police reform, economic development, and community healing. She campaigned on bringing people together, ensuring transparency in government, and fostering trust between law enforcement and residents. 'When you live in a community, you have to give back…you have to participate. I travel all over the city, all over the United States, talking about Ferguson,' she said. 'But my number one thing that I share – people are not interested in how much you know until you show them how much you care. And that builds trust. If you have leaders that you can't trust, then the whole community is up in an uproar, and it's confused. But when you have leaders that listen to you, and you can trust them, that makes a difference.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
